Centre Clears Rs 9,585 Crore Scheme To Replace Polluting Commercial Vehicles In Delhi-NCR The Union Cabinet approved a Rs 9,585 crore scheme on 3 June 2026 to support the National Capital Region Planning Board (NCRPB) in replacing old trucks and buses in the Delhi-NCR region. The initiative aims to reduce vehicular pollution by enabling commercial vehicle operators to access concessional loans for purchasing new BS-VI and electric buses and trucks. The scheme includes financial contributions of Rs 5,041 crore from the central government and an estimated Rs 1,601 crore in tax concessions from participating states. The program targets owners of trucks and buses registered in Delhi-NCR that comply with BS-IV or earlier emission norms, encouraging them to replace these vehicles with BS-VI or stricter emission-compliant alternatives, or electric vehicles (EVs). The scheme is expected to significantly cut vehicular emissions and improve air quality in the region. Approximately 2.07 lakh operators, including 1.91 lakh truck owners and 16,329 bus operators, will benefit from the initiative. Implementation is slated for October-November 2026. Operators will receive favorable financing terms, including a 5% interest subvention on loans for five years, monthly fuel vouchers worth up to Rs 4,800 based on vehicle category, and lump-sum benefits for EV purchases or Certificate of Deposit trading. State governments will waive registration fees and offer up to 100% motor vehicle tax concessions for new vehicles and 50% for used vehicles for 10 years. Pending liabilities on old vehicles participating in the scheme will also be waived. Participating automotive Original Equipment Manufacturers (OEMs) will provide an 8% discount on ex-showroom prices.#delhi_ncr #union_cabinet #national_capital_region_planning_board #niti_ayog #ministry_of_housing_and_urban_affairs
